Business

1 min read

Grenada Citizenship by Investment: A Lucrative Option for Pakistani Applicants

Syeda RubabTagged , , ,

Pakistani citizens looking to acquire dual citizenship now have an exciting opportunity with the Grenada Citizenship by Investment Program. Launched in August 2013, this initiative provides a streamlined pathway to a second passport for individuals meeting specific eligibility criteria. What Makes Grenadian Citizenship Attractive? Grenada’s Citizenship by Investment Program offers numerous benefits. Successful applicants gain […]

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2 mins read

Elon Musk Becomes the Richest Person in History with $348 Billion Net Worth

Syeda RubabTagged , ,

Tesla CEO Elon Musk has solidified his status as the wealthiest individual in history, amassing an astonishing net worth of $348 billion. According to the Bloomberg Billionaires Index, Musk’s financial surge follows a significant rally in Tesla shares, driven by growing optimism on Wall Street regarding business-friendly policies. Tesla Shares Soar The rally in Tesla’s […]

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1 min read

PTA Briefs NA Committee on 5G Rollout and VPN Regulations

Anas AhmedTagged , , , ,

The Pakistan Telecommunication Authority (PTA) updated the National Assembly’s IT Committee on Tuesday about progress in rolling out 5G services in the country. Key Updates: Committee Concerns: This session underscores the challenges and opportunities in modernizing Pakistan’s digital infrastructure and regulatory framework.

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2 mins read

Overseas Pakistani company offers 1.25 trillion for PIA privatization

Zainab Shafiq

Major overseas Pakistani group Al-Nahang has put forward an amount of more than Rs1.25 trillion for PIA privatization. Based on reports from ARY News, the offer submitted to the higher government functionaries includes the Ministers for Privatization, Aviation and Defence. Key Takeaways from the PIA Privatization Offer: Al-Nahang’s road map involves a comprehensive remedy to […]

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2 mins read

KCCI Calls for an Extension in Tax Returns Filing Deadline” 2024

Uzma SaharTagged ,

The Karachi Chamber of Commerce and Industry (KCCI) has officially requested an extension in the deadline for filing income tax returns, citing multiple challenges faced by businesses and taxpayers. This demand comes as many business owners and professionals in Pakistan struggle to meet the current filing deadline, sparking widespread debate about the need for more […]

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3 mins read

Yango launches Free Ride insurance in partnership with Waada

webdeskTagged , , , , , ,

ISLAMABAD, September 25th, 2024: The international ride-hailing service Yango, part of the global tech company Yango Group, has partnered with Waada, a leading Insurtech company in Pakistan, to introduce free Ride Insurance. This collaboration offers one of the most comprehensive safety coverage provided by any ride-hailing company in Pakistan, ensuring both passengers and partner’s drivers […]

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1 min read

Restructuring Pakistan’s Economy – An Urgent Call for Sustainable Growth1

Hafiz Rahat UsamaTagged ,

Pakistan’s economy is at a critical juncture, facing multiple challenges that necessitate a structural reset to ensure long-term sustainability. The country’s rising inflation, depleting foreign reserves, and escalating debt levels have prompted economists to call for urgent reforms. A comprehensive reset requires a focus on boosting local industries, reducing import dependence, and enhancing exports. Additionally, […]

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2 mins read

Over 150 Pakistani Firms Participate in China World Trade Fair

Hafiz Rahat UsamaTagged ,

Over 150 Pakistani companies are taking part in the China International Fair for Trade in Services (CIFTIS) 2024, marking a significant opportunity for Pakistan to boost its trade and investment relations with China. The event, which began on September 12 in Beijing, is one of the world’s largest international service trade fairs, running until September […]

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2 mins read

Suzuki GD 110S Now Available on 0% Mark-Up Installment Plan

Hafiz Rahat UsamaTagged ,

Suzuki has announced an attractive offer for its popular GD 110S motorcycle, allowing customers to purchase the bike through an installment plan with 0% mark-up. The offer makes it easier for motorcycle enthusiasts to enjoy the reliable performance of the GD 110S without the burden of paying the full amount upfront. Pricing and Flexible Payment […]

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1 min read

Saudi Aramco to Open First Gas Station in Pakistan by Year-End

Hafiz Rahat UsamaTagged ,

In a major development, Saudi Aramco is set to launch its first-ever gas station in Pakistan by the end of the year. This is part of the company’s broader plan to expand its retail network across key regions, including South Asia. Aramco’s entry into the Pakistani market could revolutionize the local energy sector, providing stiff […]

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1 min read

Attention! Purchase your home now as FBR will significantly increase property price soon

Zainab ShafiqTagged ,

In a significant development, the Federal Board of Revenue (FBR) is poised to update the valuation rates of immovable properties across 42 cities this month, aligning them with current fair market values. Sources familiar with the matter have revealed that new valuation tables will be released in September 2024. This move marks a major update […]

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1 min read

 Pakistan to Launch International Volleyball League in December 2024

Hafiz Rahat UsamaTagged ,

In an exciting development for sports enthusiasts, Pakistan is set to launch its very own International Volleyball League (IVL) in December. This league marks a significant milestone in Pakistan’s sports history, as it aims to promote volleyball on a global stage and boost the country’s standing in the international sporting arena. The Concept Behind IVL […]

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3 mins read

Silver Prices in Pakistan on September 02, 2024

Hafiz Rahat UsamaTagged ,

On September 02, 2024, the price of silver in Pakistan remained a focal point for investors, jewellers, and industrial users alike. As a precious metal with significant cultural and economic value, silver continues to be deeply embedded in Pakistani traditions, widely used in jewellery, ornaments, and various artefacts. Beyond its ornamental appeal, silver also serves […]

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3 mins read

Gold Rates in Pakistan Steady at Rs. 262,500 Per Tola

Hafiz Rahat UsamaTagged ,

The price of 24 karat gold per tola in Pakistan remained unchanged on Monday, holding steady at Rs. 262,500, according to the latest data from the All Sindh Sarafa Jewelers Association. Similarly, the prices for 10-gram 24 karat and 10-gram 22 karat gold also saw no change, staying at Rs. 225,051 and Rs. 206,297, respectively. […]

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3 mins read

Toyota IMC Boosts Local Production with Additional Rs. 1.1 Billion Investment

Hafiz Rahat UsamaTagged ,

Indus Motor Company Limited (PSX: INDU), the assembler of Toyota vehicles in Pakistan, has announced an additional investment of Rs. 1.1 billion to further localize the production of auto parts and components. This move is part of a broader strategy to enhance the local manufacturing capabilities of the company and reduce reliance on imported parts. […]

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3 mins read

PIA Privatization on Track for Completion by October 1st: Key Developments

Hafiz Rahat UsamaTagged , ,

The Privatization Commission Secretary has confirmed that the sale of Pakistan International Airlines (PIA) will be completed by October 1st. This announcement marks a significant step in the government’s ongoing efforts to privatize state-owned enterprises and improve their efficiency. The Privatization Process The privatization of PIA has been a long-standing issue, with several attempts made […]

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2 mins read

Pakistan’s Top Export Destinations: US, UAE, and UK Leading the Way 1

Hafiz Rahat UsamaTagged , ,

Pakistan’s export landscape has evolved significantly, with the United States, the United Arab Emirates (UAE), and the United Kingdom (UK) emerging as the top three destinations for Pakistani products. These markets play a crucial role in driving the country’s export growth and economic development. The Importance of the US Market The United States remains Pakistan’s […]

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1 min read

Pakistan’s Startups Set Sail for Saudi Arabia 2024

Hafiz Rahat UsamaTagged , ,

Pakistan’s thriving startup ecosystem is expanding its horizons, with the Pakistani Embassy in Saudi Arabia taking the lead in facilitating market entry for local businesses. This strategic move aims to capitalize on the Kingdom’s burgeoning economy and vast opportunities for growth. The embassy’s initiative involves providing a range of support services to Pakistani startups, including: […]

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1 min read

Pakistan’s Startups Shine on the Global Stage 2024 News

Hafiz Rahat UsamaTagged , ,

Two Pakistani startups, DealCart and NayaPay, have made history by being included in Forbes Asia’s prestigious “100 to Watch” list for 2024. This recognition underscores the burgeoning entrepreneurial spirit and technological innovation taking place in Pakistan. DealCart, a Karachi-based online grocery platform, has captured the attention of investors and consumers alike with its convenient and […]

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